Movoto Real Estate
Sold on 04/30/2026

1511 Johnson St, Key West, FL 33040

$2,750,000

Last sold 04/30/2026 after 200 Days

  • 3

    bed

  • 3

    bath

  • 1,615

    Sqft ($1,703/Sqft)

House not for sale

About 1511 Johnson St

Property type House
Year built 1958
HOA fee $0/month
Lot size 5,280 Sqft
Rental estimate
Property description
Price adjustment of $250,000! This is a rare opportunity to own a fully transient licensed nightly rental property in one of Key West's most desirable neighborhoods. This stunning 3-bedroom, 3-bath home is beautifully designed on one level easy living space on a lushly landscaped lot, combining island charm with exceptional investment potential. In 2024 & 2025 the property generated about $200,000 in gross rental income, making it a true turnkey income-producing retreat with bookings already in place. Bathed in natural light, the interior exudes a light and airy coastal atmosphere, blending soft tones with vibrant tropical accents and Mexican tiles throughout. The inviting open living and kitchen area flows seamlessly outdoors, creating an effortless entertaining space. Dine al fresco in the charming attached pavilion, surrounded by lush landscaping that provides both beauty and privacy. Two primary bedrooms offer direct access to the yard, enhancing the sense of privacy and resort-style living for guests. Both suites opens through elegant French doors to the sparkling pool area, while the en-suite bath features a large, beautifully tiled walk-in shower. The third bedroom--features flexible bedding options with two twins that can be converted to a king. The house comes fully furnished. Just bring your flip flops. Located in a quiet residential neighborhood, this property offers both tranquility and convenience. Hop on a bike to reach the beaches in minutes on the south side of the island or explore the energy of Duval Street, with the Casa Marina area just moments away. Enjoy your dream vacation home while producing income!
Listed by
Listing Agent - Ellen Gvili
Listing Office - Ocean Sotheby's International Realty
Source: FKBOR MLS mls logo
MLS#616872 • last updated 5 months ago
Movoto checked FKBOR MLS for data 1 hour ago
Overview
Cooling/AC Central Air
Virtual Tour N/A
MLS # 616872
Type Residential
SqFt 1615
Status Closed
SubType Single Family Residence
Lot Size (Sqft) 5280
Lot Size (Acres) 0.12
Property Tax 10862.15
Year Built 1958
Condition Updated/Remodeled
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 3
Laundry Laundry Room
Flooring Tile
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven
Interior Features Storage, Walk-in Closet(s)
Exterior
Construction CBS, Combo Construction
Parking Garage Door Opener
Exterior Features Fencing, Privacy Wall/Fence, Water Display
Patio/Porch Patio
Amenities / Utilities
HOA Fee Includes None
Pool In Ground, Concrete
Location
County Monroe
Community Features Beach, Bike Paths
Subdivision White & Pierce Diagram (1.0)
APN 00062070-000000
Zoning SF - Single Family
Directions Johnson Street Is Between Flagler Ave. And Laird Street.
Multifamily Details
Total # of Units 1
Rental est.: $7,623/month
Gross rent multiplier: 30.1
  • Apr 2026
    mls logo MLS # 616872
  • Apr 30, 2026 Sold
    $2,750,000 (-4.7%)
  • Apr 14, 2026 Contingent
    —
  • Mar 19, 2026 Price Change
    $2,885,000 (-3.7%)
  • Jan 28, 2026 Price Change
    $2,995,000 (-3.2%)
  • Jan 2, 2026 Price Change
    $3,095,000 (-4.6%)
  • Dec 13, 2025 Listed
    —
  • Nov 5, 2025 Contingent
    —
  • Oct 14, 2025 Listed
    $3,245,000 (+8.3%)
  • May 2025
    mls logo MLS # 613227
  • May 11, 2025 Price Change
    $2,995,000 (-4.9%)
  • Mar 30, 2025 Price Change
    $3,150,000 (-3.1%)
  • Jan 20, 2025 Listed
    $3,250,000 (+420.0%)
  • Nov 2015
    mls logo MLS # 111936
  • Nov 23, 2015 Sold
    $625,000 (-16.4%)
  • Nov 23, 2015 Price Change
    $748,000 (+19.7%)
  • Nov 17, 2009 Listed
    —
  • Jul 2010
    Public Records
  • Jul 1, 2010 Sold
    $625,000 (-24.2%)
  • Mar 2004
    Public Records
  • Mar 29, 2004 Sold
    $825,000
  • Year Property taxes Tax assessment
  • 2024
    $10,862 +7.7%
    $1,103,945 +0.88%
  • 2023
    $10,083 +43.0%
    $1,094,268 +28.65%
  • 2022
    $7,052 +11.4%
    $850,573 +36.02%
  • 2021
    $6,331 +2.9%
    $625,332 +2.91%
  • 2020
    $6,150 -1.3%
    $607,641 -0.71%
  • 2019
    $6,231 +1.9%
    $611,994 +4.11%
  • 2018
    $6,117 -0.6%
    $587,812 +0.99%
  • 2017
    $6,155 +1.5%
    $582,078 +3.78%
  • 2016
    $6,062 +7.7%
    $560,888
  • 2015
    $5,631
    —
  • 1511 Johnson St
    $2.75M
  • —
  • 33040
    $1.08M -15% y/y
  • Key West
    $1.1M -14% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1515 Johnson St, Key West, FL 33040 $1,892,000 3/3 1,704 0.01
1505 Johnson St, Key West, FL 33040 $1,286,000 2/2 1,081 0.01
1522 Flagler Ave, Key West, FL 33040 $1,081,000 3/2 1,674 0.02
1503 Johnson St, Key West, FL 33040 $1,782,000 3/3 1,690 0.02
1519 Johnson St, Key West, FL 33040 $2,146,000 5/4 2,366 0.02
1508 Johnson St, Key West, FL 33040 $2,460,000 4/4 2,612 0.03
1524 Flagler Ave, Key West, FL 33040 $1,137,000 2/2 1,310 0.03
1500 Johnson St, Key West, FL 33040 $2,575,000 4/3 1,884 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
Horace O'bryant School
public Grades PK, K-8
Monroe
5/10
Key West High School
public Grades 9-12
Monroe
Source: GreatSchools.org © 2026. All rights reserved.

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